{"id":159652,"date":"2025-08-21T12:00:05","date_gmt":"2025-08-21T05:00:05","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-a-nation-in-crisis-rely-on-the-baby-boomer-generation-to-step-up-i-think-the-uk-is-about-to-find-out-phillip-inman\/"},"modified":"2025-08-21T13:35:44","modified_gmt":"2025-08-21T06:35:44","slug":"can-a-nation-in-crisis-rely-on-the-baby-boomer-generation-to-step-up-i-think-the-uk-is-about-to-find-out-phillip-inman","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-a-nation-in-crisis-rely-on-the-baby-boomer-generation-to-step-up-i-think-the-uk-is-about-to-find-out-phillip-inman\/","title":{"rendered":"Can a nation in crisis rely on the baby boomer generation to step up? I think the UK is about to find out | Phillip Inman"},"content":{"rendered":"


\nA raid on property wealth and pensions is being signalled by the Treasury, and it has sound reasons for doing just thatDear baby boomer, the government is coming for you and your store of wealth. The property and pensions built up over the past 40 to 50 years are, for the first time, in play. The triple lock on the state pension might be guaranteed, at least for the time being, but for the wealthier boomer, it looks like their private assets are being laid out on a chopping board, ready to be carved like a Sunday roast and fed to hungry government departments starved of funds for almost two decades.These are desperate times and taxing the wealthy is a desperate measure. No government wants to do it. If you tax the rich, they might fly away in their private jets. That\u2019s happened in Norway, one of the few European countries to retain a wealth tax. It\u2019s true that older middle-income voters are more likely to stay put, but they also have a tendency to vote with their self-interest in mind. And because baby boomers are the most active age group on polling day \u2013 many of them among the richest in society \u2013 that has always spelled disaster for the party in government.Phillip Inman is senior economics writer for the Guardian Continue reading…
\n
\nSource : theguardian.com
\nRead more…Can a nation in crisis rely on the baby boomer generation to step up? I think the UK is about to find out | Phillip Inman<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A raid on property wealth and pensions is being signalled by the Treasury, and it...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-159652","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-Fx2","jetpack-related-posts":[{"id":161579,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-wrong-to-blame-boomers-for-britains-inequality-and-economic-woes-letters\/","url_meta":{"origin":159652,"position":0},"title":"It\u2019s wrong to blame boomers for Britain\u2019s inequality and economic woes | Letters","date":"September 25, 2025","format":false,"excerpt":"\r It\u2019s more complicated than that, says Rosa Anderson in response to an article by Phillip Inman, while Peter Mather says boomers are being stereotyped, and Moira Sykes says the article picks the wrong targetOh no, not again. Guardian readers deserve better than Phillip Inman\u2019s tedious and hateful boomer-bashing (Boomers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75475,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/millennials-set-to-reap-huge-rewards-of-inheritance-boom\/","url_meta":{"origin":159652,"position":1},"title":"Millennials set to reap huge rewards of inheritance boom","date":"December 30, 2017","format":false,"excerpt":"\r Thinktank: younger generation will profit from high value homes owned by baby boomer parents \u2013 but not till they\u2019re 60 An unprecedented inheritance boom is heading the way of today\u2019s younger generation. But it will result in higher wealth inequality and will arrive too late for most people currently\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36452,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/baby-boomer-parents-will-determine-the-prosperity-of-their-children-says-ifs\/","url_meta":{"origin":159652,"position":2},"title":"Baby boomer parents will determine the prosperity of their children, says IFS","date":"November 30, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Baby boomer parents will determine the prosperity of their children, says IFS","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44267,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/baby-boomers-bash-back-with-facts-of-life-in-work-and-retirement-letters\/","url_meta":{"origin":159652,"position":3},"title":"Baby boomers bash back with facts of life in work and retirement | Letters","date":"February 16, 2017","format":false,"excerpt":"\r Philip Inman\u2019s article (Baby boomers, pay your dues, 14 February) ignores some important facts. First, the baby boomer generation inherited one of the highest levels of public debt in British history: 240% of GDP, following the war. They got that down to under 32% by the 1990s. The fact\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52652,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-generational-inequality-a-country-fit-for-all-ages-editorial\/","url_meta":{"origin":159652,"position":4},"title":"The Guardian view on generational inequality: a country fit for all ages | Editorial","date":"April 24, 2017","format":false,"excerpt":"\r In 2010 David Willetts illuminated the equality divide between young and old. Since then things have only got worseSeven years ago, a new set of contour lines emerged in our understanding of inequality in Britain. The publication of The Pinch by David Willetts has shaped the way we map,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82428,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/letters-in-praise-of-prudence-and-thrifty-baby-boomers\/","url_meta":{"origin":159652,"position":5},"title":"Letters: in praise of prudence and thrifty baby boomers","date":"March 11, 2018","format":false,"excerpt":"\r Values of waste not, want not and frugality make the baby-boomer savings what they are todaySpit-soaked feathers lay all over the breakfast table as I was accused by Phillip Inman that I,\u00a0and many others of my age group, were \u201cin pursuit of the holy grail of wealth\u201d (\u201cBoomers\u2019 mania\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/159652"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=159652"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/159652\/revisions"}],"predecessor-version":[{"id":159653,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/159652\/revisions\/159653"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=159652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=159652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=159652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}